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    <title>Clarification regarding duty drawback allowed in cases of short realisation Of export proceeds due to bank charges deducted by foreign banks</title>
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    <description>Duty drawback may be granted on FOB value without deducting foreign bank charges where such charges are documented and fall within the administratively permitted overall agency commission allowance; if the combined agency commission and foreign bank charges exceed that allowance, the excess must be deducted from FOB for drawback. Exporters can seek case by case regularisation with documentary evidence and field formations should reconsider issued recovery notices accordingly.</description>
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    <pubDate>Fri, 20 Sep 2019 00:00:00 +0530</pubDate>
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      <description>Duty drawback may be granted on FOB value without deducting foreign bank charges where such charges are documented and fall within the administratively permitted overall agency commission allowance; if the combined agency commission and foreign bank charges exceed that allowance, the excess must be deducted from FOB for drawback. Exporters can seek case by case regularisation with documentary evidence and field formations should reconsider issued recovery notices accordingly.</description>
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      <pubDate>Fri, 20 Sep 2019 00:00:00 +0530</pubDate>
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